Hanoi (VNA) – Ahead of schedule, several major fuel distributors have begun rolling out E10 biofuel across their retail networks and are preparing to supply the market beyond their own systems.
From May 15, according to the Petrovietnam Oil Corporation (PVOIL), E10 biofuel will be sold across the company’s network of nearly 1,000 filling stations nationwide, around two weeks earlier than the national implementation schedule.
Meanwhile, PVOIL Sai Gon said it will cease sales of mineral-based RON 95-III petrol from the date, with E10 RON 95-III set to fully replace conventional RON 95-III across its retail system.
The move follows a pilot programme launched in Hanoi and Hai Phong in August 2025, which generated largely positive feedback from consumers while meeting technical standards and demonstrating stable performance across vehicle types.
Recent market surveys also show that filling stations operated by the Vietnam National Petroleum Group (Petrolimex) in Ho Chi Minh City have simultaneously begun publicising E10 prices, indicating the product’s broader rollout throughout the system.
Specifically, from midnight on May 13, Petrolimex officially introduced E10 RON 95-V biofuel across its nationwide network of filling stations, agents and franchised outlets at 24,630 VND (0.93 USD) per litre in Region 1 and 25,120 VND per litre in Region 2. E10 RON 95-III is being sold at 23,730 VND per litre and 24,200 VND per litre, respectively.
While Region 2 are identified as areas far from ports, main depots, and petroleum production facilities, Region 1 comprises the remaining areas.
Compared with conventional mineral-based petrol of the same grade, E10 prices are currently around 620–630 VND per litre lower.
A representative of Petrolimex Sai Gon said the firm has proactively prepared infrastructure and implementation plans in line with the Government’s transition roadmap for biofuel.
It has completed upgrades to blending capacity at the Nha Be petroleum depot, ensuring sufficient supply for the entire southern region during the transition from mineral-based petrol to biofuel products. Detailed conversion plans have also been prepared for all 138 Petrolimex Sai Gon filling stations in Ho Chi Minh City to ensure implementation remains on schedule.
Van Tan Phung, Chairman of the Dong Nai Petroleum JSC, confirmed that the company’s network of 18 retail stations and more than 30 agents will also begin selling E10 from May 15.
From May 15 to 30, the company will sell E10 alongside conventional petrol, he said. From June 1, mineral-based petrol will officially cease to be traded across the entire system in accordance with Government policy and the roadmap outlined in Circular No. 50 of the Ministry of Industry and Trade.
A representative from PVOIL expressed confidence that the corporation’s E10 blending system is now largely complete, and projected total production capacity to reach four million cubic metres annually by the end of this year. Expanding production capacity and diversifying supply sources, the company said, will help stabilise the market and ensure national energy security.
The Vietnam Automobile Manufacturers' Association (VAMA) stated that most vehicles in the market have already been designed to operate with E10 fuel. Similarly, the Vietnam Association of Motorcycle Manufacturers (VAMM) confirmed that motorcycles produced by member companies are compatible with E10.
Trinh Quang Khanh, General Secretary of the Vietnam Petroleum Association, said member companies currently possess blending capacity of around 965,000 cubic metres per month, sufficient to meet nationwide demand for biofuel.
However, he cautioned that biofuel petrol requires time for blending and cannot be supplied as immediately as conventional petrol. Without effective governance during the transition period, temporary supply bottlenecks could emerge despite the system’s adequate overall capacity.
The association has therefore proposed raising the regulated business cost allowance for E10 petrol above that of mineral-based petrol to avoid undermining business efficiency for fuel distributors.
While enterprises appear prepared for the transition, consumers are also showing growing interest in E10 ahead of its official nationwide implementation on June 1.
Hoang Hung, a resident of Tang Nhon Phu ward in Ho Chi Minh City, said he had previously used E5 petrol and noticed little difference compared with conventional RON 95-III fuel.
“If the station near my house sells E10 RON 95-III, I’ll use it immediately. I don’t really have any concerns. Convenience remains the most important factor when refuelling during daily travel,” he said.
Ngoc An, a resident of Hoa Hung ward, said her family will switch to biofuel once stations began selling it widely, though she believed lower prices will help consumers embrace environmentally friendly fuel more readily.
Le Trung Tinh, Chairman of the Ho Chi Minh City Passenger Automobile Transport Association, said biofuel not only offers lower prices but also contributes to reducing pollution and emissions in major urban centres.
He noted that E10 has already been widely adopted in many countries, with some markets moving towards E15 or E20 blends to further improve environmental performance. However, he observed, public communication efforts remain insufficient, leaving many consumers, particularly owners of older vehicles, hesitant about the transition.
Chairman of the Dong Nai Petroleum Association Van Tan Phung described the Government’s shift from mineral-based petrol to biofuel as a major policy turning point tied both to the economy and Vietnam’s international commitments to green transition.
Businesses and consumers naturally support this direction, he said, adding implementation should proceed alongside timely adjustments; if problems arise, they should be corrected within the first three months in order for this important policy to succeed.
Associate Professor Dr Nguyen Thuong Lang of the National Economics University stressed that E10 must maintain a meaningful price advantage over conventional petrol if it is to gain broad public acceptance, while businesses also need supportive policies to ensure rapid and effective implementation.
He argued that Vietnam is currently well positioned to accelerate the development of new energy sources such as wind power, solar energy, bioenergy, hydrogen and ammonia.
However, for biofuels, particularly E10, to develop successfully, stronger and more coordinated policies are needed, especially pricing mechanisms capable of creating a sufficiently attractive gap between E10 and mineral-based petrol.
“When the price difference becomes compelling enough, consumers will actively choose biofuel themselves, forming a new consumption habit and accelerating the overall transition,” he said./.
See more
Ho Chi Minh City forum discusses sustainable high-rise urban development
Cities like Ho Chi Minh City need to improve resource efficiency and pursue sustainable high-rise development strategies amid increasingly limited resources.
Can Tho, Belarus eye trade, investment opportunities
Belarusian Consul General in Ho Chi Minh City Alexander Sidoruk said his working visit to Can Tho city exposes ample untapped economic potential. The Belarus side brings strengths in exporting fertilisers, crop protection chemicals, agricultural equipment, and high-tech products, and is interested in importing Vietnamese rice, coffee, rubber, seafood, and dairy products.
Retail fuel prices cut from May 14 afternoon
Retail fuel prices were simultaneously reduced from 15:00 on May 14 following the latest adjustment by the Ministry of Industry and Trade (MoIT) and and the Ministry of Finance, with E5RON92 biofuel recording the sharpest decline.
Intel deepens engagement in Vietnam’s semiconductor industry
According to the Saigon Hi-Tech Park (SHTP) management board, Intel has relocated part of its production line from Costa Rica to SHTP as part of its global manufacturing restructuring strategy aimed at improving efficiency and competitiveness.
70,000 tonnes of rice granted “Low-emission Green Vietnamese Rice” label
The certified rice has not only been exported to Japan but also reached markets in Europe and Oceania.
Trade office strengthens Vietnam – Morocco business connectivity
Many Moroccan businesses expressed interest in establishing long-term direct import partnerships with Vietnamese manufacturers, particularly in agricultural products, processed foods and consumer goods.
Auto industry split over proposal to scrap business conditions
Some argue that removing conditions entirely could lead to an influx of low-cost imports and weaken domestic production capacity, while others say the current system imposes unnecessary costs and slows innovation.
Singaporean banks see more opportunities in Vietnam
Singapore’s banks are expanding their presence in Vietnam to seize opportunities from the market’s increasing integration into Asian trade and surging corporate financing needs.
Removing bottlenecks to promote intellectual property valuation
As the economy increasingly shifts towards knowledge-based growth, innovation and digital transformation, demand for IP and technology valuation is becoming more urgent.
Reference exchange rate rises slightly on May 14
The State Bank of Vietnam set the daily reference exchange rate at 25,126 VND/USD on May 14, up only 3 VND from the previous day.
Vietnam cements status as world’s No.2 coffee producer, robusta powerhouse
Vietnam cements its position as the world’s second-largest coffee producer and leading robusta supplier, latest data by the United States Department of Agriculture (USDA) showed.
Intellectual property key to helping Vietnamese firms escape outsourcing trap
Companies that register industrial designs in both Vietnam and export markets, with properly licensed software, have significantly strengthened their competitiveness and tripled profit margins compared to five years ago.
Da Nang promotes investment attraction to achieve over 11% growth
Da Nang's foreign direct investment (FDI) attraction showed strong growth, reaching 237.7 million USD, double the level recorded a year earlier. The city granted licences for 47 new FDI projects, approved capital adjustments for 16 projects and recorded 10 transactions involving capital contributions and share acquisitions in economic organisations.
Vietnam pivots to selective, high-quality FDI attraction for sustainable growth: Deputy PM
The FDI sector remains a key pillar of Vietnam’s economy, with more than 46,500 valid projects and total registered capital exceeding 543 billion USD so far. Disbursed capital has reached around 357.6 billion USD. The FDI sector contributes over 20% of GDP, accounts for around 70% of total export turnover, and creates jobs for millions of workers. Vietnam continues to rank among ASEAN’s leading FDI destinations despite global investment slowdowns.
Honda Vietnam proposes investment incentives for hybrid, electric vehicle production
Honda Vietnam called for reduced registration fees for hybrid vehicles to a maximum of 50% of the level applied to internal combustion engine vehicles of the same category. The company also called for stronger support for supporting industries and higher localisation rates in electric motorcycle production.
PM draws red line on May 10 as public capital disbursement lags
A recent PM directive set a May 10 deadline for ministries, agencies and localities to complete detailed allocations of the 2026 public investment capital plan.
Session highlights synergy promotion for FDI, domestic enterprises
A Party official has urged the Vietnamese business community to improve corporate governance, technological capacity, production standards, workforce quality and international connectivity to strengthen ties with the FDI sector.
Arkia Israeli Airlines announces direct flights to Ho Chi Minh City
Arkia Israeli Airlines on May 12 announced plans to launch direct flights from Tel Aviv to Ho Chi Minh City, marking a further expansion of the carrier’s operations in Vietnam.
Vietnam’s aquatic product exports aim for 12 billion USD target
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), the seafood export turnover during the January-April period was estimated at 3.7 billion USD, up nearly 15% year-on-year.
Customs intensify crackdown on counterfeit goods, trade fraud
The customs sector has identified the fight against smuggling, trade fraud, counterfeit goods and intellectual property violations as a key task. Customs units nationwide have stepped up inspections and supervision of import-export activities along major routes and at key checkpoints.